I didn't mean that as an insult to YC companies, or YC, but when YC started they... | Hacker News

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		dabent on Dec 16, 2010 \| parent \| context \| favorite \| on: Internet start-ups: Another bubble? I didn't mean that as an insult to YC companies, or YC, but when YC started they were literally funding teams with ideas. In Reddit's case, YC convinced the team to do a different idea than what they had presented. I'm thinking YC now funds more mature companies, but that probably is a sign that there is less of a "bubble" now than there was before.

jdp23 on Dec 16, 2010 [–]

Interesting point ... I don't know much about YC back in the early days.

Don't get me wrong, I think the right idea should be fundable based on a few PowerPoint slides. I just don't see it happening very often at all.

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